Grant of Options

Alternative Networks plc

("Alternative Networks" or the "Company")

Grant of options

Alternative Networks announces the following grant of options over ordinary shares of 0.125 pence each ("Ordinary Shares") to certain Executive Directors of the Company pursuant to the Alternative Networks plc Long-Term Incentive Plan established on 8 February 2013 (the "LTIP"):

The above options were granted on 8 February 2013 and can be exercised, subject to certain performance conditions having been met in the three years ended 30 September 2015. The above awards will be satisfied using existing Ordinary Shares held in the Alternative Networks Limited Employee Benefit Trust ("EBT").

On 9 March 2012, the Company announced that under the 2010 Value Creation Plan ("VCP"), a total of 1,421,170 options had been awarded to Edward Spurrier and 1,015,122 options had been awarded to James Sewell. The VCP was a 3 year plan with three annual measurement dates, 31 December 2010, 2011 and 2012. No grants were made in respect of the measurement date to 31 December 2012. Both Edward Spurrier and James Sewell have interests in Ordinary Shares held jointly with the EBT. The above Directors' interests in these jointly owned Ordinary Shares (equating to 322,213 Ordinary Shares for Edward Spurrier and 238,676 Ordinary Shares for James Sewell) reduces the total number of options under the VCP to 1,098,957 in respect of Edward Spurrier and 776,446 in respect of James Sewell.

Enquiries:

Alternative Networks 0870 190 7444

James Murray, Executive Chairman

Edward Spurrier, Chief Executive Officer

Investec 0207 597 5970

Patrick Robb / Carlton Nelson

Pelham Bell Pottinger 0207 337 1509

Archie Berens